StableDuel Launches Horse Racing NFT Platform

The tech-forward group at StableDuel, a daily multi-race contest for live horse racing, and Vivid Labs, a full-service NFT technology and strategy provider, are partnering to introduce Capallix, an innovative platform offering NFT's from the world of horse racing. The multi-media, updateable keepsakes represent the next generation of the NFT industry and brings fans closer to the sport in a unique and unprecedented way.

At launch, the platform will be focused on a breeding/racing token that is unique to each horse and allows for unique multimedia content to be updated to the NFT holder for each horse. The experience portion of the breeding and racing tokens will grant the holder access to unique horse racing experiences (workouts, paddock visits, winners circle pictures). This will bring fans closer to the sport in unique ways and give owners, trainers and jockeys direct monetization opportunities. Certified breeder's tokens will be unique tokens issued in association with the birth of prominent foals. The platform will partner with tracks, trainers, and jockeys to offer unique content.

One of StableDuel's partner tracks, Tampa Bay Downs, will be offering an NFT set ahead of the Tampa Bay Derby, and there will be exclusive releases from Hall of Fame jockey Johnny Velazquez and other popular industry professionals. Capallix will also partner with a variety of industry based non-profit organizations to support Thoroughbred aftercare, retired jockeys and backstretch communities.

“StableDuel is excited to be at the forefront of racing culture and technology and proud of our partnership with Vivid Labs,” said Bri Mott, Managing Partner at StableDuel. “NFTs provide untapped value and unprecedented experience to horse racing fans and the industry stake holders.”

The partnership between Capallix and Vivid Labs takes horse-racing NFTs to the next level. Through Vivid's multimedia capabilities and Capallix access, NFT purchasers receive unprecedented insight into the lives of racehorses, horse owners, trainers, jockeys, fans, bettors, and the racing industry.

Vivid Labs is a next-generation NFT publishing platform that allows anyone to create, manage, and sell NFTs containing multiple media files and formats. Compatible across all major blockchains, Vivid Labs offers advanced NFT+ features, the platform's innovative solution that transforms simple NFTs into programmable multimedia experiences that are multi-format, multi-asset, permissioned, updateable, and resilient. Through NFT+, Capallix NFTs can be updated regularly, with new content added throughout the life of the NFT.

“By transforming NFTs into updatable multimedia experiences and giving token holders access to behind-the-scenes material, Vivid Labs and StableDuel are revolutionizing the way horse racing fans interact with the sport,” said Halsey Minor, CEO of Vivid Labs corporate parent Live Planet. “The launch of Capallix NFTs demonstrates significant innovation in thoroughbred racing, arguably surpassing NFT technology currently used in other professional sports markets.”

The post StableDuel Launches Horse Racing NFT Platform appeared first on Horse Racing News | Paulick Report.

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StableDuel Contest to Raise Awareness for Aftercare Efforts

StableDuel has teamed up with Thoroughbred Aftercare Alliance and Retired Racehorse Project to raise money and awareness for both organizations through its app during the month of September.

Owners of off-track Thoroughbreds are invited to share a picture or video of their Thoroughbreds on social media showcasing “something cool” they do with the hashtag #PlayRaceAdopt. They will then be entered to win a prize pack from the three organizations, including a saddle pad, riding clothing and more. Two winners will be selected and announced each week.

“We are so excited to partner with StableDuel this month and to introduce their innovative approach to racing/gaming to a new audience,” said Jen Roytz, Executive Director of the Retired Racehorse Project. “For so many equestrians who ride off-track Thoroughbreds, the love and admiration they have for the breed either stems from an interest in racing or is the catalyst for it. StableDuel’s user-friendly approach provides a fun and affordable way for fans to learn and experience more about the sport.”

Through its app, StableDuel offers fans the opportunity to participate in daily contests at racetracks around the country. Its normal brand slogan is #PlayRaceWin.

In addition to the social media contest, the StableDuel app will offer a weekly contest that will raise money for both TAA and RRP. Each Sunday, players can enter the Charity Contest with a $5 entry and play the game to win the usual cash prizes. StableDuel will donate its proceeds to each charity.

“StableDuel is passionate about giving back to the industry that our business is built on and we know during tough times, organizations have had to cancel many of their normal ‘money raising’ events. We are excited to do our part and help bring attention and money to aftercare,” said Bri Mott, Director of Marketing at StableDuel.

The post StableDuel Contest to Raise Awareness for Aftercare Efforts appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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